Bayerische Motoren Werke AG

Bayerische Motoren Werke AG is a multinational company which produces luxury vehicles. The company is based in Munich, Germany, but operates across the globe. The firm, known best by its acronym BMW, is an automobile household name. It was founded in 1916 and sells cars, accessories and automotive-related financial services. Bayerische Motoren Werke AG is listed on the Xetra stock exchange, which is part of the Frankfurt Stock Exchange in Germany. As of December 2020, the BMW3 share price reached $29.30 at one stage. It is owned by BMW Group. BMW uses a wide variety of subsidiaries to sell its products. These subsidiaries include an automotive division for manufacturing. It also has a motorcycles segment, known as BMW Motorrad — this segment also sells spare parts. Its financial services arm works to develop leases and dealership financing programmes for sellers as well as customer deposit services and a car insurance provision. Its products are also used by a range of other household name brands, including MINI and Rolls-Royce. As of 2019, the company employed over 126,000 people. Invest in Bayerische Motoren Werke AG and stay updated at eToro. For more news, BMW price chart updates and much more, simply add Bayerische Motoren Werke AG to your watchlist.